From Weeks to Days: Boarding the Mid-Market Financial Close Bullet Train

IQPC Report

How can the finance function close accounts quicker and get better at forecasting, planning and laying the foundation for a forward-thinking organization? Consolidating and digitizing these disparate systems poses a new opportunity to not just reach the monthly close quicker, but also to assist senior leadership in making data-driven financial decisions from all areas of a company.

A key hurdle in achieving digital automation solutions is finding the right place to start. With limited resources, predicting the business value of a particular solution doesn’t just come down to saved costs, but can also include increased compliance, faster turnaround and or higher accuracy. The choice depends upon the size, scale and the business needs of each organization. This report will provide three solutions that have demonstrated promising results to improving the monthly close through consolidation, yet meet the different demands of the financial function.

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